It now costs more than $400 a day to stay in a semi-private room in a nursing home in the Metropolitan New York area. The cost of nursing home care in the state of New York is rising at a fast pace. It is estimated that in ten years the rates for a semi-private room in a nursing home will be in excess of $600 a day. High Cost of Nursing Home … [Read more...]
The United Kingdom’s Discriminatory Royal Laws
The British government has recently accepted the fact that the laws in the United Kingdom concerning succession to the throne are discriminatory against women. Current rules for succession in Great Britain state that daughters are over looked in favor of later born sons. Prince William’s marriage to Kate Middleton has brought this issue before the … [Read more...]
Borrowing Against Retirement Accounts
When Americans face financial stress they turn to their retirement accounts for liquid assets. Pensions, 401K plans and 403B plans are where Americans are turning to for quick infusions of cash. In this past year borrowing from retirement accounts hit new highs. It is estimated that more than 15% of all individuals who have money in retirement … [Read more...]
How will Raising the Medicare Age to 67 Affect You?
With the exception of the government, everyone will pay more money for medical insurance and medical benefits if the medicare age is raised to 67. A number of years ago, the Social Security retirement age for individuals born in 1960 or later was raised to 67. At the time they raised the social security age, they left the medicare eligibility age … [Read more...]
Easing Into Retirement
When Is The Right Time to Retire? It’s hard to say when it's right time to retire; however, it is easy to say it is the wrong time to retire. You shouldn’t retire unless you have sufficient funds to carry you through your golden years. In the past, most people retired in their sixties. With declining savings and living costs going up, many … [Read more...]
Retirement: What if You Haven’t Saved any Money?
Retirement is supposed to be a time of relaxation and enjoyment for Americans. The current economic situation in the United States may require a re-thinking of retirement issues. A recent study has shown that one in four individuals approaching retirement have saved nothing for their retirement years! The Employee Benefit Research Institute … [Read more...]
Hearing Loss may be Related to Dementia
Dementia is a disease that effects senior citizens. It is a terrible disease that literally fries the human brain. Recent studies have shown that a gradual hearing loss is one of the early symptoms of alzheimer's disease, as well as other types of dementia. Hearing impairments prevent seniors from following conversations. The loss of hearing … [Read more...]
Alzheimer’s Disease: What are the Symptoms?
Are you concerned that either you, a close friend or a loved one has the early stages of Alzheimer's disease? What are the signs and symptoms of Alzheimer's disease? Are your parents just becoming forgetful or do they have the early symptoms of Alzheimer's disease? Should you believe that yourself, a friend, a family member or a loved one is … [Read more...]
Medicare: How Do We Reform This Program?
Cutting Doctor Reimbursements Congress is considering a 23% reduction in the reimbursement to physicians who render medical treatment to Medicare patients. Will doctors accept this type of reduction? There is concern that the doctors will simply refuse to treat Medicare patients if they are not paid a reasonable fee. This will force … [Read more...]
Dealing With Nursing Home Abuse of Senior Citizens
When you place a loved one in a nursing home, it is your hope that they are going to be cared for. The nursing home is responsible for meeting their needs for food, shelter and medical care. There has been a significant number of cases in recent years where nursing homes have not provided the high-level of care that is their obligation. In some … [Read more...]
